Core Insights - MetalQuest Mining Inc. (MQM) has released its ESG/Sustainability Report for 2025, focusing on its Lac Otelnuk Iron Ore Project in Quebec [1][3] ESG Commitment - MQM's project activities have been limited to desktop studies and technical analyses, resulting in minimal emissions primarily from administrative work, which are not material to the company's environmental footprint [2] - The company emphasizes the importance of early stakeholder engagement in project development, dedicating resources to build relationships with local communities and First Nations [4][5] - The report aligns with frameworks from TCFD and SASB to ensure industry-standard transparency and accountability [8] Project Development - MQM has signed an Exploration and Pre-Development Agreement with the Naskapi Nation of Kawawachikamach, indicating a commitment to responsible project development [5] - The company has invested approximately $120 million in the Lac Otelnuk project to date and is working with AtkinsRéalis to update the 2015 Feasibility Study to align with current market and regulatory standards [11] Strategic Acquisitions - On December 3, 2025, MQM announced the acquisition of the ROF-1 Project in Ontario's Ring of Fire, which consists of 1,034 claims covering approximately 20,800 hectares [12] - The company is pursuing a multi-project strategy in the Ring of Fire, with plans for systematic exploration and environmental studies at the recently acquired Superior Iron Project [16] Shareholder Engagement - MQM holds approximately 1.8 million free trading shares and 2.5 million warrants of Canadian Copper Inc. (CCI), with CCI's shares trading at $0.61 as of January 19, 2026 [17] - The company has two NSR royalties in the Murray Brook deposit and is completing a Preliminary Economic Assessment (PEA) on the project, with results expected in the first half of 2026 [19]
MetalQuest Mining Publishes Third ESG/Sustainability Report for 2025